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Tata Consultancy Services Q1FY25 Key Takeaways

Revenue: Growth of 5.4% (YoY), 4.4% (YoY CC) & 2.2% (QoQ). Growth Breakdown by Markets Core Markets: North America – A 1.1% decline driven by...

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Household financial savings moderated but physical assets jumped: SBI Research

The net financial saving of the household sector – the most important source of funds for the two deficit sectors, namely, the general government sector...

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Asymmetric Transmission of Monetary Policy: SBI Research

"Financial markets are vital to the functioning of every modern economy. From a macroeconomic policy perspective, besides the crucial role of price discovery for a...

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FY24 GDP growth to be higher than 6.5%: SBI Research

Despite headwinds, In India, global economic activity remained resilient in the Q1FY24, driven mainly by the services sector. This is in sharp contrast to IMF’s...

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Viscose staple yarn makers set for 10-12% revenue growth this fiscal: CRISIL

Revenue of the Indian viscose staple yarn (VSY) industry is set to grow 10-12% on-year to an all-time high of over $2.5 billion this fiscal...

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Defence Acquisition Council approves proposals worth Rs 7,800 cr

A Defence Acquisition Council (DAC) meeting, held under the chairmanship of Raksha Mantri Shri Rajnath Singh, accorded Acceptance of Necessity (AoN) for capital acquisition proposals worth approximately...

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Forecast of weak August rainfall dims prospects of kharif acreage: ICRA

Although the South-west monsoon rainfall was above normal at 105% of Long Period Average (LPA) in June-July 2023, the temporal and spatial distribution was quite...

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Syrma SGS Technology acquires 51% in Johari Digital Healthcare

Syrma SGS Technology Limited has entered into definitive agreements to acquire a 51% stake in Johari Digital Healthcare Limited (“JDHL”), an end to end design-led...

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At current rate, India to become 3rd largest economy by FY28: SBI Research

The Indian economy continues to enjoy a period of sustained goldilocks. There is now an increasing consensus that India’s GDP in Q1FY24 is likely to...

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Shipping Industry Likely to Maintain its Steady Performance in FY24: CARE

The global shipping industry performed well from mid-CY2021 to CY2022 backed by recovery in charter rates across multiple vessel segments after the initial impact of...

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International passengers increased by 88% y-o-y in Q1

Passengers carried by scheduled Indian and Foreign carriers for scheduled international operations in the first quarter of 2023 show an increase of about 88% over...

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Penalties for wrongly claimed subsidies under FAME INDIA Scheme

August 1, 2023

Posts tagged as “electric vehicles”

Penalties for wrongly claimed subsidies under FAME INDIA Scheme

What Norway’s experience reveals about the EV charging market: McKinsey

Subsidy structure amendments to steer E2W segment into slow lane: ICRA

PFC approves Rs 633 cr loan for 5000 passenger EVs & 1000 cargo EVs

Centre sanctions Rs. 800 crores for public fast charging stations

6,586 operational Public EV Charging Stations in India

2,56,980 electric vehicles registered in 2023 (till 15.03.2023)